Incentive-based regulatory approaches:
A. are viewed favorably by most economists as a way to control pollution.
B. provide less flexibility than the command-and-control approach.
C. tend to hurt wealthier people more than poor people.
D. require that the government specify certain types of pollution control technology that firms must adopt.
Answer: A
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International free trade always hurts the nations that run deficits, and benefits the nations that run surpluses
Indicate whether the statement is true or false
When the marginal rate of return expected from a purchase of equipment is less than the market interest rate, then the firm should
a. seek government assistance in decreasing the market interest rate b. inform stockholders that the company can expect increased earnings from the purchase c. either purchase or not purchase the equipment depending on the marginal resource cost of the equipment d. purchase the equipment e. not purchase the equipment
Which of the following practices is prohibited by the Clayton Act?
a. Price discrimination that substantially lessens competition. b. Tying contracts that substantially lessen competition. c. Exclusive dealing that substantially lessens competition. d. All of these.
Consumption is $5 million, planned investment spending is $8 million, government purchases are $10 million, and net exports are equal to $2 million. If GDP during that same time period is equal to $27 million, what unplanned changes in inventories occurred?
What will be an ideal response?